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Chfjpytrade

CHFJPY - Sell - Head & Shoulders PatternCHFJPY Sell - Head & Shoulders pattern has formed with price having broken neckline and at a level where it is re-testing neckline which makes it a higher probability set up.At present price seems to be reacting to neckline. Entry: 140.000 Just at the neck line Stop Loss. 140.823 Above the neckline and at above recent support resistance area. If price takes out this stop, can look for re-entry if setup is still valid. TP: 136.845 I have set various key levels to take profit, the last take profit being at a level which meets a recent area of support and also in the zone of the distance between head and neckline.
Short
by dinomalik
2
CHFJPY BULL'S ARE IN CONTROLL! {10/02/2022}Educational Analysis says CHFJPY may go LONG. According to my technical. This is not an entry signal. I have no concern with your profit and loss from this analysis. Why long? On 4HR AND 1HR timeframe pair is making HIGHER HIGH AND HIGHER LOWS. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS HOW TO TAKE ENTRY ON THIS? On 15 min timeframe, pair broke the small trendline and price push towards also pair is making higher high and higher lows, confirmation also broken the previous resistance. ENTRY :- 125.162 STOP LOSS:- 124.890 TAKE PROFIT :- 125.590
Long
by VishalBudhrani
Trading Idea Regarding CHFJPYRight Now this Currency Pair is in Neutral Phase 1- It is making Cup & Handle Chart Pattern on Daily Time Frame Indicating its Bullish Behavior 2-It is Moving in Parallel Channel Chart Pattern on Daily Time Frame and Right Now heading towards bottom of the channel indicating Bearish Behavior 3- When Considering Fibo Levels after breaking 38.2 % Fibo Level Price touches top of the parallel channel and came back down and start moving around 23.6 level So, there are two possibilities at this point either it bounce back and continue moving up or it will came down to retest 38.2 fibo level 4- It is making Symmetrical Triangle Chart Pattern on 4 Hour Time Frame also indicating possibilities of moving in either direction Note: If this pair break above Symmetrical Triangle Chart Pattern it is also possible price plunge down from 126.226 level to 38.2 fibo level which is also bottom of parallel channel by fallowing Quasimodo chart pattern
by Inzamam9012
CHF/JPY AnalysisWe can easily expect the creation of a higher high Monthly: We have an impulse and correction respecting precious resistance now turn support. When we have an impulse and correction we can definitely expect another impulse. Weekly: In weekly we have an impulse correction pattern. Also price is respecting .50 fibonacci level. We could expect a creation of a higher high at least to the price of 126.435. Daily: The price is in a consolidation period. The price is most likely creating liquidity before the continuation to the upside. We can definitely expect more continuation according to our multi-time frame analysis.
Long
by Wiiso
2